Franklin Township Community School Corporation

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IN
Indianapolis area
Indianapolis
Grayson

Community A community is a collection of new construction homes built on homesites by one builder. To learn more about the new construction building process, please visit our Learning Center here: Learn More About The New Home Buying Process! Hot Deal

Grayson

Name: Grayson
Address: 7311 Waylon Way, Indianapolis, IN, 46239

7311 Waylon Way, Indianapolis, IN, 46239

by M/I Homes

From $300,990 This is the starting price for available plans and quick move-ins within this community and is subject to change.

Recently reduced prices in the last 14 days

Monthly HOA fees: $64

3-4 Beds
2 Baths
2 Car garage
1,509 - 2,802 Sq Ft

7 Total homes
7 Floor plans

Special offers

Explore the latest promotions at Grayson. to learn more!

Financing

Special Rates on Quick Move-In Homes Available Now

Ready to move? Now is the time to take advantage of incredible savings and financing offers designed to make your new home a reality. This offer runs through 06/30/2026.

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Hot deal

Our Biggest Offers of the Year

Don’t wait, these offers are only available for a limited time. Whether you are looking to move quickly or build your dream home from the ground up, our communities across Indianapolis are the perfect place to call home. This offer runs through 06/21/2026.

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Hot deal

Hometown Heroes

We deeply appreciate our hometown heroes. Your dedication and tireless service make a difference every day. While we can never fully repay your commitment, we can make homeownership easier and more affordable for you.

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Community highlights

Community amenities

Park
Playground
Trails

About Grayson

Grayson in Franklin Township offers new single-family homes on the southeast side of Indianapolis, blending suburban comfort with quick access to major city attractions. Set near local parks, dining, and everyday conveniences, the community provides an easygoing lifestyle just 20 minutes from Downtown Indy.The Essential Series features a selection of two-story floorplans with open main-level living, spacious kitchens, and plenty of natural light. A new phase of homesites includes peaceful water views, adding to the neighborhood’s inviting setting.Residents can enjoy nearby recreation such as the 99-acre Franklin Township Community Park, along with popular local restaurants and family-friendly destinations. Located within Franklin Township, Grayson offers a connected, relaxed place to call ...

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Community location & sales center

Grayson

Grayson
M/I Homes
7311 Waylon Way, Indianapolis, IN 46239

888-856-5304

Sales Agent

Amanda Milan

Hours

Closed Mon; Tue-Sat 11am-6pm; Sun 12pm-6pm

Same-day scheduling unavailable online. To request a same-day tour, please call the builder

Available homes

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Price

Bedrooms

Bathrooms

Floor plans (7)

Alden

From $300,990

3 Beds
2 Baths
2 Gr
1,509 SqFt

Floor plan
Single family home

Sawyer

From $313,990

3 Beds
2.5 Baths
2 Gr
1,957 SqFt

Floor plan
Single family home

Brooklyn

From $316,990

3 Beds
2.5 Baths
2 Gr
2,128 SqFt

Floor plan
Single family home

Aubrey

From $321,990

4 Beds
2.5 Baths
2 Gr
2,262 SqFt

Floor plan
Single family home

Peyton

From $328,990

4 Beds
2.5 Baths
2 Gr
2,388 SqFt

Floor plan
Single family home

Juliet

From $338,990

4 Beds
2.5 Baths
2 Gr
2,614 SqFt

Floor plan
Single family home

Parke

From $349,990

4 Beds
2.5 Baths
2 Gr
2,802 SqFt

Floor plan
Single family home

Quick move-ins (8)

3918 Teakmill Trail (Brooklyn)

$339,990

3 Beds
2.5 Baths
2 Gr
2,128 SqFt

Quick move-in
Single family home

3917 Teakmill Trail (Aubrey)

$344,990

4 Beds
2.5 Baths
2 Gr
2,262 SqFt

Quick move-in
Single family home

7205 Waylon Way (Alden)

$344,990

3 Beds
2 Baths
2 Gr
1,617 SqFt

Quick move-in
Single family home

3921 Teakmill Trail (Juliet)

$353,990

4 Beds
2.5 Baths
2 Gr
2,622 SqFt

Quick move-in
Single family home

3918 Quinn Road (Juliet)

$359,990

4 Beds
2.5 Baths
2 Gr
2,614 SqFt

Quick move-in
Single family home

7207 Asher Way (Peyton)

$364,990

4 Beds
2.5 Baths
2 Gr
2,402 SqFt

Quick move-in
Single family home

7311 Waylon Way (Aubrey)

Model home

4 Beds
2.5 Baths
2 Gr
2,376 SqFt

Quick move-in
Single family home

7123 Asher Way (Peyton)

$375,790

4 Beds
2.5 Baths
2 Gr
2,402 SqFt

Quick move-in
Single family home

Community map for Grayson

Explore the homesites within Grayson and see what homes you can build on each site.

Neighborhood

Community location & sales center

7311 Waylon Way Indianapolis, IN 46239

888-856-5304

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Driving directions to sales center

From the North: Take I-465 S / I-69 to Old U.S. 421 W in Indianapolis Take Exit 49 from I-465 S / I-69 Take Southeastern Ave, then turn right onto E Hanna Ave Grayson will be on your right

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Amenities

Overall information
Neighborhood amenities

Community & neighborhood

Local points of interest

The Links Golf Club
Milk and Honey Coffeehouse
Greatimes Family Fun Park
Smock Golf Course
Franklin Township Community Park
Downtown Wanamaker
Franciscan St Francis Health
Dakota Landing Golf Course
Greenwood Park Mall
Wolf Run Park
Hanna Haunted Acres
Wildwood Park

Health and fitness

Trails

Community services & perks

Playground
Park

Neighborhood amenities

Grocery stores

Waterman's Family Farm
2.07 miles away
7010 E Raymond St
Kroger
2.33 miles away
5350 E Thompson Rd
Walmart Supercenter
2.65 miles away
4650 S Emerson Ave
Kroger
3.00 miles away
8130 E Southport Rd
ALDI
3.72 miles away
6835 S Emerson Ave

Specialized stores

Klosterman Baking Co
1.53 miles away
5867 Churchman Ave
Kroger Bakery
2.33 miles away
5350 E Thompson Rd
Daily Bread Inc
2.63 miles away
103 N 2nd Ave
Walmart Bakery
2.65 miles away
4650 S Emerson Ave

Restaurants

Extrodinary Pizza
0.57 mile away
7639 Southeastern Ave
Generations Fire & Grill
0.59 mile away
7628 Southeastern Ave
Brewskies Pub & Eatery
0.62 mile away
7925 Southeastern Ave
One More Lounge
0.87 mile away
7143 Southeastern Ave
Hunt Brothers Pizza
1.08 miles away
8404 Southeastern Ave

Coffee shops

7 Brew Coffee
2.15 miles away
4626 E County Line Rd
BIGGBY Coffee
2.15 miles away
5255 E Southport Rd
Starbucks
2.23 miles away
5420 E Thompson Rd
Pana Donuts
2.26 miles away
5370 E Thompson Rd
Starbucks
2.33 miles away
5350 E Thompson Rd

Shopping

Perfect Stitch
1.32 miles away
8615 Southeastern Ave
Purseptions LLC
1.51 miles away
8855 Southeastern Ave
Claire's Inside Walmart
2.65 miles away
4650 S Emerson Ave
Walmart Supercenter
2.65 miles away
4650 S Emerson Ave
Family Dollar
2.75 miles away
2515 Albany St

Bars & nightlife

Generations Fire & Grill
0.59 mile away
7628 Southeastern Ave
Brewskies Pub & Eatery
0.62 mile away
7925 Southeastern Ave
One More Lounge
0.87 mile away
7143 Southeastern Ave
Murphys Pubhouse
1.61 miles away
6120 E Thompson Rd
Mucky Duck
2.15 miles away
425 Southport Crossings Dr

Please note this information may vary. If you come across anything inaccurate, please contact us.

Builder details

M/I Homes

M/I Homes has been building new homes of outstanding quality and superior design for more than 50 years. Founded in 1976 by Irving and Melvin Schottenstein, and guided by Irving’s drive to always “treat the customer right,” we’ve fulfilled the dreams of more than 170,000 homeowners, and grown to become one of the nation’s leading homebuilders.

View full builder profile > View builder's website >